Peak season has begun for air travel between Europe and North America, but forwarders making use of belly cargo capacity on passenger planes do not expect the below-deck boon to last.
Air Cargo
Air Cargo
News and analysis of air cargo shipping and transportation companies.
News & Analysis
18 Nov 2013
The Middle East’s leading airlines made clear their common determination to boost passenger and freight market shares this weekend at the 2013 Dubai Airshow as they dominated the headlines with a series of huge orders for new airplanes.
18 Nov 2013
The profitability of Asian carriers with major freighter fleets continues to be negatively impacted by the overhang of excess capacity, but the long-term outlook for air freight is “encouraging,” according to the Association of Asia Pacific Airlines.
15 Nov 2013
The 50 largest transportation and logistics companies worldwide grew more slowly in 2012 as the global economy sputtered, increasing revenue only 2.6 percent compared with a more robust 8.4 percent combined growth rate in 2011.
15 Nov 2013
The combined revenue of the world’s largest logistics and transportation companies rose to $670.4 billion from $653.4 billion in 2011, according to SJ Consulting Group. Logistics companies — topped by Germany’s $55 billion DHL, the world’s largest transportation and logistics provider — held the largest share of that combined revenue, $234.7 billion, or 35 percent of the total, followed by ocean carriers, led by $40.5 billion A.P. Moller-Maersk, which owns the world’s largest container line — Maersk Line — and accounted for nearly 30 percent of Top 50 revenue.
14 Nov 2013
Emirates Group boosted revenue by 13 percent in the first six months of its fiscal year, through Sept. 30, to $11.5 billion.
14 Nov 2013
U.S. Sens. Barbara Boxer, D-Calif.; Maria Cantwell, D-Wash.; and Amy Klobuchar, D-Minn., have introduced the Safe Skies Act to ensure that America’s cargo plane pilots...
13 Nov 2013
AirBridgeCargo Airlines transported 92,000 tons of cargo in the third quarter of 2013, a 3 percent increase year-over-year...
13 Nov 2013
Descartes Systems Group and InfoSky have formed an alliance to streamline logistics messaging for the Chinese air cargo industry.
13 Nov 2013
The U.S. Department of Justice has filed a proposed settlement with US Airways and American Airlines to resolve its lawsuit challenging their planned merger.
11 Nov 2013
More than 10,000 people are feared dead after Typhoon Haiyan (Yolanda) caused widespread devastation in the central Philippines on Friday and Saturday.
08 Nov 2013
International Airlines Group’s cargo revenue in the third quarter of 2013 slumped more than 14 percent year-over-year, almost double the decline in freight traffic.
06 Nov 2013
Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume rose for the seventh straight month in September on a year-on-year basis, increasing 5.8 percent to 49,999 tons.
06 Nov 2013
Major merger and acquisition activity in the global transportation and logistics industry was nothing spectacular in the third quarter, but a potential wave of privatization of ports, airports and roadways could energize the market in the coming year.
05 Nov 2013
Nippon Express Co., Japan’s largest international freight forwarder, said that its group net profit plunged 34.2 percent in the first half of fiscal 2013, which started on April 1, from a year earlier to ¥7.443 billion ($75.9 million) despite revenue growth.
05 Nov 2013
AirBridgeCargo Airlines has increased its flights from Milan and Paris to Moscow.
01 Nov 2013
The global air cargo market stabilized in September, inching up 0.5 percent year-over-year...
01 Nov 2013
Japan Airlines Corp. (JAL) said on Oct. 31 that its group net profit tumbled in the first half of fiscal 2013, which started on April 1, from a year earlier, despite increased revenue from both passenger and cargo operations.
30 Oct 2013
Japan’s ANA Holdings Inc., the parent firm of All Nippon Airways Co. (ANA), said on Oct. 30 that its group net profit nosedived in the first half of fiscal 2013, which started in April, from a year earlier, despite a jump in international cargo revenue.
29 Oct 2013
Amsterdam Airport Schiphol handled 383,780 metric tons of cargo in the third quarter of 2013, increasing 2.6 percent compared with the same period in 2012.
28 Oct 2013
TNT Express posted a 25 percent year-over-year decline in third quarter profit on 6.6 percent lower revenue...
22 Oct 2013
TNT is determined to claw back ground lost in Asia during the protracted negotiations of its sale to UPS.
22 Oct 2013
Transportation and warehousing businesses added 23,000 jobs in September, mostly in transit and passenger transportation, as total nonfarm employment increased by 148,000 jobs, the U.S. Labor Department said on Oct. 22.
18 Oct 2013
When “Captain Phillips,” Hollywood’s take on the April 2009 hijacking by Somali pirates on the Maersk Alabama, debuted on Oct. 11, it thrust the ocean shipping industry into the mainstream spotlight in a way no recent film has. But it’s certainly not the first film to do so, and it won’t be the last.
18 Oct 2013
Blue Dart Express, India's leading air express and logistics services provider, reported a drop in net income but rise in revenue in its second fiscal quarter, which ended Sept. 30.
15 Oct 2013
Alitalia, Italy’s national airline, averted bankruptcy after shareholders agreed to a €500 million ($675 million) government-led bailout, but European Union regulators could yet veto the deal.
14 Oct 2013
IAG Cargo has opened a new pharmaceutical center at London Heathrow Airport, the latest step in the expansion of its Constant Climate service...
14 Oct 2013
Lufthansa Cargo reported that an on-going decline in traffic continued to slow in September, falling just 0.8 percent from a year ago, following a 1.3 percent decrease in August.
10 Oct 2013
The parent of American Airlines, AMR Corp., reported September cargo figures for its principal subsidiary, showing an increase to 146,690 million ton miles...
09 Oct 2013
Alitalia, Italy’s national airline, risks bankruptcy and its fleet could be grounded within days as its financial crisis nears a tipping point.
08 Oct 2013
AirBridgeCargo Airlines transported 223,732 tons of cargo in the first eight months of 2013, a 4 percent increase year-over-year.
07 Oct 2013
The United Nations International Civil Aviation Organization’s member states have agreed to develop a global market-based measure for international aviation on climate change...
03 Oct 2013
Etihad Rail, the United Arab Emirates’ national railway network developer and operator, has signed a memorandum of understanding with National Air Cargo...
03 Oct 2013
International Airlines Group reported cargo traffic of 467 million metric-ton kilometers in September, down 7.2 percent from 503 million metric-ton kilometers of cargo in September 2012.
01 Oct 2013
The global air cargo market continued its “modest” recovery in August, with traffic increasing 3.6 percent year-over-year, the International Air Transport Association said.
Commentary
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Optimize fleet management with predictive maintenance
Ailing air cargo market calls for new flight patterns